Quote:
Originally Posted by Burquitlaman
And still no movement at Burquitlam Plaza!
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Yes, it is frustrating. Revelopment of the plaza is they keystone to the neighbourhood revitalization. The topic came up at a recent Morguard (the owner of the plaza) earnings call, and they mentioned that there was some debate with council that was causing delay.
Most likely related to this Tri-City news story from Jan 2023 '
Morguard ready to break ground at Burquitlam Plaza'
"But while some councillors praised Morguard for adding rental stock in the city, others pressed the company for more affordable living in the busy area.
Newly elected councillors Matt Djonlic and Robert Mazzarolo urged Morguard to work with senior levels of government to build non-market units — that is, housing that's owned or controlled by a government or non-profit entity and rented out to tenants in financial need.
And Mazzarolo lobbied Morguard to accommodate Coquitlam families by arranging bigger suites and more child care in the redesigned neighbourhood.
Mazzarolo cited the Housing Needs Report that came before the committee on Jan. 16, showing demographic data from the 2021 census.
According to the report, there’s a "significant need for affordable family-sized housing units" in Coquitlam.
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In response, Nagle told the committee that "economics are tight" and constructing more rental units would be challenging. He also said no government agency has come forward to offer financial assistance with the Burquitlam proposal.
"I'd be happy to make the introduction," Coun. Trish Mandewo quipped."